Stock transaction for corporate expansion Pulsar Optics produces medical lasers for use in hospltais. The accounts and their balances appear in the ledger of Pulsar Optics on Apri 30 of the current year as follows: At the annual stockhoidery meeting on August 5 , the boafd of directors presented a plan for modernizing and expanding plant operations at a cost of approximately $9,000,000. The plan provided (a) that the corporation borrow $1,500,000, (b) that 20,000 shares of the unissued preferred stock be issued through an underwriter, and (c) that a bullding, valued at $4,150,000, and the land on which it is located, valued at $800,000, be acquired in accordance with preliminary negotiations by the issuance of 300,000 shares of common stock. The plan was approved by the stockholders and accomplished by the following transactions: Oct. 9. Borrowed $1,500,000 from St. Peter City Bank, giving a 4% mortgage note. 17. Issued 20,000 shares of preferred stock, receiving $126 per share in cash. 28. Issued 300,000 shares of common stock in exchange for land and a building, according to the ptan. Required: Journalize the entries to record the October transactions. If an amount box does not require an entry, leave it blank